0 Tower Park Dr Waterloo, IA 50701
This exceptional 8.57-acre commercial land parcel presents a unique investment opportunity in Waterloo, Iowa. Located on Tower Park Drive in Black Hawk County, zip code 50701, this property boasts a highly desirable C-2 and C-Z zoning designation, opening doors to a wide range of commercial development possibilities. The land offers stunning views of a pond and exceptional visibility from Highway 20, ensuring high traffic exposure for any future business. Its strategic location adjacent to the Farmer State Bank office building within the San Marnan business park corridor provides immediate access to established infrastructure and a thriving business community. The asking price is $4 per square foot, representing a compelling value for this prime commercial real estate. With its expansive size, prime location, and versatile zoning, this property is perfectly suited for a variety of commercial ventures, offering significant potential for growth and return on investment. The coordinates are 42.4561186 latitude and -92.365746 longitude. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.